Risk Management

Even if you do everything right, life sometimes has other plans. That’s why it’s so important to take steps to mitigate the financial impact of the unforeseen. As part of our financial planning process, your Allegheny financial advisor will evaluate your tolerance for risk and provide guidance on the following risk management solutions to help protect you and your family should the unexpected strike.

As markets go through their natural cycles, there will be inevitable drawdown periods making effective investment risk management essential. A long-term approach to asset diversification, investment selection, and ongoing monitoring and rebalancing will act to both minimize risk, and in turn, maximize returns. A proper investment risk management plan will also keep the focus on the objective and reduce the likelihood of making a short-sighted emotional investment decision to the detriment of your goal. Our financial advisors’ approach is to construct a properly-tuned portfolio that will give you the peace of mind knowing you’re taking the appropriate amount of risk and getting the most out of your portfolio returns.

An unexpected death can be a life-altering experience for family members left behind. Life insurance provides the peace of mind that comes from knowing that their financial security is assured. Your Allegheny Financial Group advisor can recommend the type of life insurance policy that meets your specific needs.

Seventy percent of people who turn 65 will require some form of long-term care. And the costs of that care can quickly erode a lifetime of savings and investments. Long-term care insurance can preserve your savings and income, help you have a greater say in where care is received, and relieve your loved ones from the responsibility of caregiving. Our financial advisors can help you determine if long-term care insurance is a viable option for you.

Today, a 35-year old has a 50% chance of becoming disabled for 90 days or more before turning 65. Short- and long-term disability insurance options provide a steady source of income — and protect your savings and investments — should an injury or illness prevent you from working. Allegheny financial advisors can assist you with determining an appropriate amount of coverage.